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Rule Breaker Investing

January 2024 Mailbag: Magnificent Faangs

Rule Breaker Investing

The Motley Fool

Business, Investing, Invest, Rulebreaker, Stocks, Company, Growth, Stockmarket, Fool, Foolish

4.5928 Ratings

🗓️ 31 January 2024

⏱️ 32 minutes

🧾️ Download transcript

Summary

Do you own the Magnificent 7? Do you remember FAANG stocks? Do these arbitrary groupings matter? Only if you keep score, as one listener reminds us! Yes, it's the mailbag time of the month again, where we hear from you about what you've learned, what you're teaching, and what you're looking forward to.

Host: David Gardner
Producer: Rick Engdahl

Transcript

Click on a timestamp to play from that location

0:00.0

Parkinson's law, law, we've talked about this before on rule breaker investing, do you remember it?

0:04.9

Parkinson's law dictates in so many words that work will expand to fill the space that we give it.

0:12.0

One of the stock standard corollaries of Parkinson's Law,

0:15.8

one of the secondary effects is,

0:18.4

well, let's put it this way.

0:19.7

I've always loved this one.

0:21.4

If you wait to the last minute to do your work, your work will only

0:25.6

take you one minute. I particularly like the stock standard corollary to Parkinson's Law this month,

0:34.6

which has been a very busy one.

0:36.4

I bet for you too, A, it's the end of January 2024.

0:40.8

Happy New Year, may I be the last to say that to you, and let's get started with your January

0:46.0

2024 mailbag only on this week's Rule Breaker Investing.

0:51.0

It's the Rule Breaker Investing. Investing. It's the Rule Breaker Investing Podcast with Motley Full Co-founder David Gardner.

1:01.2

Well this podcast will not just take one minute, but I did put off preparation, feeling very

1:07.6

busy this week. Most mailbags, I try to be pretty composed. often I'll invite on guests

1:13.6

to help answer some of your good questions.

1:16.4

I don't know how busy my producer,

1:18.0

Rick Engdahl was this past week,

1:20.0

but I know I was busy, I bet he was busy too.

1:22.1

In fact, if you ask anybody in January if they're busy, nobody's not going to say they're busy. Everyone is busy.

1:27.3

And so this is going to be a little more of a slap dash approach to your mailbag. Not as composed with my answers, not as polished.

1:36.7

Raw. We're going to take it one at a time. I've got seven points in this January mailbag. I have one Twitter hot take to lead off with but just

...

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